Trade Desk Inc (NASDAQ:TTD) has a beta value of 1.31 and has seen 0.77 million shares traded in the recent trading session. The company, currently valued at $23.91B, closed the recent trade at $48.19 per share which meant it gained $0.63 on the day or 1.32% during that session. The TTD stock price is -193.69% off its 52-week high price of $141.53 and 10.85% above the 52-week low of $42.96. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.01 million shares traded. The 3-month trading volume is 10.89 million shares.
The consensus among analysts is that Trade Desk Inc (TTD) is Buy stock at the moment, with a recommendation rating of 1.62. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 26 have rated it as a Hold, with 22 advising it as a Buy. 0 have rated the stock as Underweight.
Trade Desk Inc (NASDAQ:TTD) trade information
Sporting 1.32% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TTD stock price touched $48.19 or saw a rise of 7.68%. Year-to-date, Trade Desk Inc shares have moved -59.00%, while the 5-day performance has seen it change -0.93%. Over the past 30 days, the shares of Trade Desk Inc (NASDAQ:TTD) have changed -14.42%. Short interest in the company has seen 22.62 million shares shorted with days to cover at 1.89.
Wall Street analysts have a consensus price target for the stock at $139, which means that the shares’ value could jump 65.33% from the levels at last check today.. The projected low price target is $125.0 while the price target rests at a high of $150.0. In that case, then, we find that the latest price level in today’s session is -211.27% off the targeted high while a plunge would see the stock gain -159.39% from the levels at last check today..
Trade Desk Inc (TTD) estimates and forecasts
The company’s shares have lost -59.03% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 28.15% over the past 5 years. Earnings growth for 2025 is a modest 6.85% while over the next 5 years, the company’s earnings are expected to increase by 15.13%.
TTD Dividends
Trade Desk Inc is expected to release its next earnings report on 2025-Feb-11 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Trade Desk Inc (NASDAQ:TTD)’s Major holders
Insiders own 0.70% of the company shares, while shares held by institutions stand at 83.75% with a share float percentage of 84.34%. Investors are also buoyed by the number of investors in a company, with Trade Desk Inc having a total of 1588.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 42.29 million shares worth more than $4.13 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.641% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 37.0 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.61 billion and represent 7.5601% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Mid-Cap Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.14% shares in the company for having 14.09 shares of worth $677.87 million while later fund manager owns 9.31 shares of worth $447.95 million as of Dec 31, 2024 , which makes it owner of about 2.08% of company’s outstanding stock.
